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Started By
Message
re: American middle class families must really not be saving any money.
Posted on 3/20/23 at 3:54 am to GreatLakesTiger24
Posted on 3/20/23 at 3:54 am to GreatLakesTiger24
quote:
I think there’s a lot more family help than there ever was.
I know it's true of my friends. My wife and I make 6 figures combined but feel like we're treading water compared to our friends. But I know out of my friends 1 of them was gifted a house, 3 of them lived rent free in a parent's "other" house while working good jobs then went out and bought their own house etc. Several more received down payments as gifts or wedding presents.
I love my parents and they were great to me, but they don't have that kind of cash. Neither do my in laws. We make good money, save a lot every month, and are very fortunate in other ways but there's no dad or grandma who is gonna show up and buy us a house.
2
Posted on 3/20/23 at 4:17 am to AUin02
AUin02
Now that is a much more normal situation.
Now that is a much more normal situation.
Posted on 3/20/23 at 6:09 am to AUin02
quote:
I love my parents and they were great to me, but they don't have that kind of cash. Neither do my in laws. We make good money, save a lot every month, and are very fortunate in other ways but there's no dad or grandma who is gonna show up and buy us a house.
I'd bet that your situation is more common than your friends.
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